The FX carry trade looks poised to continue shining in the second half of the year - Goldman Sachs
With so much happening already in markets during the first six months of the year, major currencies have been one of the less exciting spots. Outside of the Japanese yen, volatility among major currencies has been relatively subdued with much of it riding purely on dollar sentime
USD/CAD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
BNP Paribas | Bullish | 1.35 |
UBS | Bullish | 1.34 |
Société Générale | Bullish | 1.40 |
All 25 desk targets for USD/CAD
Desk synthesis pending
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Sources & References
How we cover this story
Cross-firm research
USD/CAD Consensus Check: Spot at 1.4035 vs 1.35 Target, Week of September 21, 2026
USD/CAD trades at 1.4035, nearly 4% above the 25-firm Dec-26 median of 1.35, with a 0.11 dispersion range signalling meaningful divergence on the BoC-Fed gap.
USD/JPY Consensus Check: Spot at 157.07, Median Target 152 — Week of September 21, 2026
USD/JPY trades at 157.07, roughly 3.3% above the 23-firm median Dec-26 target of 152.0, with a 25.5-point dispersion signalling deep disagreement on the BoJ rate path.
USD/JPY Consensus Check: Spot at 156.89, Dec-26 Median 152.0 — Week of September 20, 2026
USD/JPY trades at 156.89, 3.22% above the 23-firm Dec-26 median of 152.0, with a 25.5-point dispersion signalling deep disagreement on the BoJ-Fed spread path.